What this notice is
The Australian Taxation Office has disqualified Jae Jang under subsection 126A(2) of the Superannuation Industry (Supervision) Act 1993 (SISA), by notice dated 13 July 2026. The notice was issued by a delegate of the Commissioner of Taxation and is registered on the Federal Register of Legislation as notifiable instrument F2026N00503. It is currently in force, with the Department of the Treasury listed as the administering department.
What the notice covers
The disqualification was made because the ATO delegate was satisfied that a corporate trustee of one or more superannuation entities had contravened the SISA, that Mr Jang was a responsible officer of that trustee at the time of the contraventions, and that the seriousness of the contraventions provided grounds for disqualification. The disqualification took effect on the day it was made and remains in force unless revoked by the ATO, either on its own initiative or on written application.
Key actions
- Superannuation entities and their service providers should ensure a disqualified person is not acting as a trustee, investment manager or custodian of a superannuation entity, or as a responsible officer of a body corporate holding any of those roles. Under section 126K of the SISA, it is an offence for a person who knows they are disqualified to act in these roles, with a maximum penalty of two years' imprisonment.
- The full text of the disqualification notice is available at https://www.legislation.gov.au/F2026N00503.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.